{
  "crd_number": 104735,
  "slug": "bruce-and-co-inc-chicago-il-104735",
  "primary_business_name": "BRUCE & CO INC",
  "legal_name": "BRUCE & CO INC",
  "dbas": [],
  "city": "Chicago",
  "state": "IL",
  "country": "United States",
  "cbsa_code": "16980",
  "metro": {
    "cbsa_code": "16980",
    "common_name": "Chicago",
    "msa_name": "Chicago-Naperville-Elgin, IL-IN",
    "path": "/advisors/il/chicago"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1974-09-18",
  "years_registered": 52,
  "period": "2026-10-01",
  "filing_date": "2026-03-26",
  "carried_forward": false,
  "raum_total": 379536270.0,
  "raum_discretionary": 379536270.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 1,
  "advisory_employees": 1,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 27778286.0,
      "count": 1
    },
    "investment_companies": {
      "raum": 347807973.0,
      "count": 1
    },
    "high_net_worth_individuals": {
      "raum": 3950011.0,
      "count": 1
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_individuals",
    "portfolio_management_investment_companies"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "IL"
  ],
  "websites": [],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/104735",
  "city_as_filed": "CHICAGO",
  "url": "https://advisorcensus.com/firm/bruce-and-co-inc-chicago-il-104735",
  "display_name": "Bruce & Co Inc",
  "summary": "Bruce & Co Inc is an SEC-registered investment advisory firm in Chicago, IL, registered since 1974, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 26, 2026.",
  "citation": "AdvisorCensus. Bruce & Co Inc (CRD 104735): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for investment companies (and business development companies)"
  ],
  "quick_answers": [
    {
      "q": "How is Bruce & Co Inc compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Bruce & Co Inc reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Bruce & Co Inc located?",
      "a": "Bruce & Co Inc's principal office is in Chicago, IL, according to its Form ADV."
    },
    {
      "q": "Is Bruce & Co Inc registered with the SEC or a state?",
      "a": "Bruce & Co Inc is an SEC-registered investment advisory firm, registered since 1974. Status as filed: Approved. CRD 104735."
    },
    {
      "q": "How much does Bruce & Co Inc manage?",
      "a": "Bruce & Co Inc reports $379,536,270 in regulatory assets under management in its Form ADV filing dated March 26, 2026 (100% discretionary)."
    },
    {
      "q": "How have Bruce & Co Inc's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Bruce & Co Inc: Regulatory assets under management: $641,440,672 in the October 2021 data and $379,536,270 in the October 2026 data, down 41%. Total employees: 2 in October 2021 and 1 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Bruce & Co Inc serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (1); investment companies (1); charitable organizations (1)."
    },
    {
      "q": "Does Bruce & Co Inc report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/104735"
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 641440672.0,
      "total_employees": 2,
      "filing_date": "2021-03-30"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 649096343.0,
      "total_employees": 2,
      "filing_date": "2022-08-08"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 558456623.0,
      "total_employees": 1,
      "filing_date": "2023-07-18"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 473946686.0,
      "total_employees": 1,
      "filing_date": "2024-03-28"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 397483508.0,
      "total_employees": 1,
      "filing_date": "2025-03-21"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 379536270.0,
      "total_employees": 1,
      "filing_date": "2026-03-26"
    }
  ],
  "recent_changes": [],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/bruce-and-co-inc-chicago-il-104735.md",
  "clients": [
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 1,
      "fewer_than_5": false,
      "raum": 3950011.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 1,
      "fewer_than_5": false,
      "raum": 347807973.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 1,
      "fewer_than_5": false,
      "raum": 27778286.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/104735",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}